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December 17, 2012
18:28 EDTPNCL, PNCLQ, DALPinnacle Airlines reaches tentative agreement with ALPA
Pinnacle Airlines Corp.'s wholly owned subsidiary, Pinnacle Airlines, announced that it has reached a tentative agreement with the Air Line Pilots Association, ALPA, the legal representative of the Pinnacle Airlines pilot group on cost reductions that cover pay, retirement, work rules and benefits. A separate agreement was reached among Pinnacle Airlines, Pinnacle pilots and Delta Air Lines (DAL) that includes long-term career opportunities and the addition of 40 CRJ-900s to the Pinnacle fleet. With this agreement, Pinnacle's long-term fleet plan has been established at 81 CRJ-900 aircraft. The CRJ-900 deliveries are planned for the fall 2013 and are planned to be completed by year-end 2014. Pinnacle will remove its 140 CRJ-200 aircraft from the fleet over the next two to three years. ALPA members will have the opportunity to vote on the tentative agreement in January and, if approved, the changes would become effective when similar changes are implemented for Pinnacle's other labor groups and non-union employees. The tentative agreement also remains subject to approval and review by the Bankruptcy Court.
News For PNCL;PNCLQ;DAL From The Last 14 Days
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October 1, 2014
08:03 EDTDALU.S. Airlines selloff overdone, says UBS
UBS views the selloff in U.S. Airlines as a buying opportunity and raised estimates across the board. The firm said the fuel benefit will more than offset the FX impact and notes recent travel agency bookings indicate a better-than-average October/November revenue outlook while Q4 competitive growth should decelerate.
06:23 EDTDALDelta Air Lines volatility flat as shares trend lower
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September 30, 2014
07:33 EDTDALDeutsche Bank to hold a conference
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September 29, 2014
11:23 EDTDALStocks with call strike movement; DAL YHOO
Delta Air Lines (DAL) March 40 call option implied volatility decreased 4% to 35, Yahoo (YHOO) January 48 call option implied volatility increased 2% to 35 according to IVolatility.
September 26, 2014
14:19 EDTDALDelta Air Lines downgraded to Peer Perform from Outperform at Wolfe Research
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September 23, 2014
09:18 EDTDALCRT Capital believe long-term investors should buy Airlines aggressively
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